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DARK SECRETS: State banks increase interest rates to attract depositors | Vintage Vibes

Interest Rates GSB BAAC

The Government Savings Bank booth at Money Expo 2023, which is currently taking place at Impact Muang Thong Thani. (Photo courtesy of Facebook: GSBSociety)

State banks are rushing to provide higher deposit rates to customers, including one scheme that offers up to 17%.

During the 23rd Money Expo 2023, Government Savings Bank (GSB) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) introduced campaigns to attract customers with short-term deposits for 3-5 months by offering step-up interest rates.

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